Facebook’s name change is about more than bad PR – Yahoo News

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Facebook, the tech giant enmeshed in yet another round of controversy, has changed its company name to Meta, CEO Mark Zuckerberg announced last Thursday during an extended presentation outlining his future vision for the company.

On the surface, the rebranding is a relatively typical corporate restructuring. Meta is now the parent company overseeing the collection of brands that once fell under the Facebook umbrella. Facebook — the app and social media platform — will keep its name and become a division of Meta alongside Instagram, the messaging service WhatsApp and the virtual reality firm Oculus. Google made a similar transition in 2015, when it moved its search engine and other brands under a new company called Alphabet.

The name Meta is a reference to the “metaverse,” a concept for the future of the internet that Zuckerberg said would be the company’s primary focus going forward….

Read Full Story: https://news.yahoo.com/facebooks-name-change-is-about-more-than-bad-pr-214634630.html

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source: https://news.oneseocompany.com/2021/11/02/facebooks-name-change-is-about-more-than-bad-pr-yahoo-news_202111028081.html

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